Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 24 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
APOTHEKE MERTENS from Eupen, company number BE0460753958, closed financial year 2025 with a result of € 165,185 after tax. For that financial year APOTHEKE MERTENS recorded a gross margin of € 441,255 and equity of € 99,044. Compared with financial year 2024, the result moved from € 156,722 to € 165,185. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 14, 2026.
€ 99,044
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 165,185
▲ 5% vs 2024
Profit after tax over the fiscal year.
€ 90,261
▼ 50% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 165,000 paid out
100 % of the profit went to the shareholders, mostly to MERTENS RALPH MANAGEMENT (50 % of the shares). That is where the money ends up.
People and assets in 2025
4
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 239,792
▲ 3% vs 2024
€ 59,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 7,985
▲ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 17,867
▼ 66% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 41,291
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 375,989 | € 424,663 | € 418,601 | € 441,255 | ▲ 5% |
| Profit after taxes | € 107,332 | € 175,268 | € 156,722 | € 165,185 | ▲ 5% |
| Equity | € 98,590 | € 98,858 | € 98,859 | € 99,044 | |
| Total debts | € 557,022 | € 631,369 | € 651,002 | € 569,055 | ▼ 13% |
| Cash | € 227,552 | € 215,825 | € 180,916 | € 90,261 | ▼ 50% |
| Land & buildings | € 53,918 | € 54,677 | € 48,937 | € 66,608 | ▲ 36% |
| Retained profit | € 86,195 | € 86,455 | € 86,457 | € 86,641 | |
| Dividend | € 308,602 | € 175,000 | € 156,720 | € 165,000 | ▲ 5% |
| Balance sheet total | € 655,612 | € 730,227 | € 749,861 | € 668,099 | ▼ 11% |
| Employees (FTE) | 4.3 | 4.1 | 4.1 | 4 | ▼ 0.1 |
Key figures of APOTHEKE MERTENS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to APOTHEKE MERTENS?
What happened at APOTHEKE MERTENS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 165,185 (▲ 5% vs 2024). filed late Source: NBB ↗
- Mertens Ralph Management BV became a director. NBB
- New establishment in Eupen. KBO
- Start of the company according to the CBE. KBO
In short
From € 107,332 profit in 2022 to € 165,185 profit in 2025.
Paid € 9,861 in corporate taxes since 2022.
Best year ever: 2023, with € 175,268 profit.
On average € 110,300 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of MERTENS RALPH MANAGEMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
APOTHEKE MERTENSBehind APOTHEKE MERTENS is Mertens Ralph Management BV. The shares are held by MERTENS RALPH MANAGEMENT (50%).
Directors
According to the 2025 annual accounts
Director · represented by Ralph Mertens
since 2018
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Gospertstrasse 85
4700 Eupen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0460.753.958
- VAT number
- BE 0460.753.958
- Registered office
- Gospertstrasse 85, 4700 Eupen
- Names & denominations
- APOTHEKE MERTENS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 May 1997
- Peppol
- Active · Active since 24 Nov 2025
- Activities · NACE
Detailhandel in farmaceutische producten
Apothekers
Vervaardiging van geneesmiddelen
Detailhandel in drogisterijartikelen en onderhoudsproducten
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